[AXREIT] QoQ Annualized Quarter Result on 31-Mar-2011 [#1]

Announcement Date
28-Apr-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- -34.93%
YoY- 15.55%
Quarter Report
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 114,732 113,236 111,368 108,992 89,851 84,344 81,738 25.28%
PBT 80,999 65,364 64,540 65,948 101,401 80,544 72,294 7.85%
Tax 52 69 104 0 -52 0 0 -
NP 81,051 65,433 64,644 65,948 101,349 80,544 72,294 7.89%
-
NP to SH 81,051 65,433 64,644 65,948 101,349 80,544 72,294 7.89%
-
Tax Rate -0.06% -0.11% -0.16% 0.00% 0.05% 0.00% 0.00% -
Total Cost 33,681 47,802 46,724 43,044 -11,498 3,800 9,444 132.88%
-
Net Worth 793,125 750,930 752,388 751,867 672,902 589,141 565,207 25.26%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 65,572 - 65,395 63,093 53,588 48,650 47,295 24.26%
Div Payout % 80.90% - 101.16% 95.67% 52.88% 60.40% 65.42% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 793,125 750,930 752,388 751,867 672,902 589,141 565,207 25.26%
NOSH 381,237 375,765 375,837 375,558 334,927 311,863 307,111 15.45%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 70.64% 57.78% 58.05% 60.51% 112.80% 95.49% 88.45% -
ROE 10.22% 8.71% 8.59% 8.77% 15.06% 13.67% 12.79% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 30.09 30.13 29.63 29.02 26.83 27.05 26.62 8.48%
EPS 21.26 17.41 17.20 17.56 30.26 25.83 23.54 -6.54%
DPS 17.20 0.00 17.40 16.80 16.00 15.60 15.40 7.62%
NAPS 2.0804 1.9984 2.0019 2.002 2.0091 1.8891 1.8404 8.49%
Adjusted Per Share Value based on latest NOSH - 375,558
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 6.57 6.48 6.37 6.24 5.14 4.83 4.68 25.29%
EPS 4.64 3.74 3.70 3.77 5.80 4.61 4.14 7.87%
DPS 3.75 0.00 3.74 3.61 3.07 2.78 2.71 24.10%
NAPS 0.4539 0.4297 0.4306 0.4303 0.3851 0.3371 0.3234 25.27%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 2.62 2.35 2.45 2.33 2.37 2.16 2.02 -
P/RPS 8.71 7.80 8.27 8.03 8.83 7.99 7.59 9.58%
P/EPS 12.32 13.50 14.24 13.27 7.83 8.36 8.58 27.19%
EY 8.11 7.41 7.02 7.54 12.77 11.96 11.65 -21.40%
DY 6.56 0.00 7.10 7.21 6.75 7.22 7.62 -9.47%
P/NAPS 1.26 1.18 1.22 1.16 1.18 1.14 1.10 9.44%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 16/01/12 17/10/11 25/07/11 28/04/11 17/01/11 20/10/10 19/07/10 -
Price 2.70 2.45 2.62 2.36 2.38 2.18 2.07 -
P/RPS 8.97 8.13 8.84 8.13 8.87 8.06 7.78 9.92%
P/EPS 12.70 14.07 15.23 13.44 7.87 8.44 8.79 27.71%
EY 7.87 7.11 6.56 7.44 12.71 11.85 11.37 -21.69%
DY 6.37 0.00 6.64 7.12 6.72 7.16 7.44 -9.80%
P/NAPS 1.30 1.23 1.31 1.18 1.18 1.15 1.12 10.41%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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